This message is exchanged to confirm a call/notice loan/deposit contract.
The message is used to confirm/notify the details of:
a new contract between the parties
an amendment to a previously agreed contract
the cancellation of a confirmation
an increase or decrease in the balance of the account, in an already agreed contract
a change in the interest rate
a change in the period of notice
the closing of a contract, ie, final redemption of the loan/deposit balance to zero and all interest paid.
This message is sent by or on behalf of the institution or corporate, party A and party B, who have agreed to a call/notice loan/deposit contract.
Party A and party B are the legal entities which have agreed to the transaction.
Party A is either:
the Sender, or
the institution/corporate on behalf of which the message is sent,
Party B is either:
the Receiver, or
the institution/corporate on behalf of which the message is received.